Universal Technical Institute Inc $UTI Shares Purchased by Militia Capital Partners LP

Militia Capital Partners LP lifted its position in Universal Technical Institute Inc (NYSE:UTI) by 43.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,940 shares of the company’s stock after acquiring an additional 19,700 shares during the period. Militia Capital Partners LP’s holdings in Universal Technical Institute were worth $1,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Rothschild Wealth LLC acquired a new position in shares of Universal Technical Institute in the 4th quarter valued at $672,000. Needham Investment Management LLC grew its position in Universal Technical Institute by 46.8% during the 4th quarter. Needham Investment Management LLC now owns 807,500 shares of the company’s stock worth $21,100,000 after purchasing an additional 257,500 shares during the period. MML Investors Services LLC grew its position in Universal Technical Institute by 13.6% during the 4th quarter. MML Investors Services LLC now owns 8,693 shares of the company’s stock worth $227,000 after purchasing an additional 1,040 shares during the period. MYDA Advisors LLC acquired a new stake in Universal Technical Institute during the 4th quarter worth about $1,322,000. Finally, Next Century Growth Investors LLC grew its position in Universal Technical Institute by 1.4% during the 4th quarter. Next Century Growth Investors LLC now owns 1,123,067 shares of the company’s stock worth $29,346,000 after purchasing an additional 15,258 shares during the period. 75.67% of the stock is owned by institutional investors and hedge funds.

Universal Technical Institute Price Performance

NYSE:UTI opened at $38.40 on Wednesday. Universal Technical Institute Inc has a 52 week low of $21.29 and a 52 week high of $45.74. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $2.11 billion, a PE ratio of 49.87, a price-to-earnings-growth ratio of 3.22 and a beta of 1.25. The stock’s 50-day moving average price is $38.23 and its 200-day moving average price is $32.91.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Wednesday, May 6th. The company reported $0.01 EPS for the quarter. Universal Technical Institute had a return on equity of 13.02% and a net margin of 4.91%.The firm had revenue of $221.40 million for the quarter, compared to analysts’ expectations of $221.61 million. As a group, equities analysts expect that Universal Technical Institute Inc will post 0.76 EPS for the current fiscal year.

Insider Activity

In other news, Director Coliseum Capital Management, L sold 3,000,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $41.40, for a total transaction of $124,200,000.00. Following the sale, the director directly owned 971,440 shares in the company, valued at $40,217,616. This trade represents a 75.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Christine Kline sold 3,500 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $44.42, for a total value of $155,470.00. Following the sale, the chief accounting officer owned 43,006 shares in the company, valued at $1,910,326.52. This trade represents a 7.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,018,500 shares of company stock worth $124,904,320 in the last ninety days. Company insiders own 9.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on UTI shares. Weiss Ratings downgraded Universal Technical Institute from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. B. Riley Financial reaffirmed a “buy” rating on shares of Universal Technical Institute in a research report on Thursday, April 30th. Northland Securities set a $41.00 price target on Universal Technical Institute in a research report on Thursday, May 7th. Rosenblatt Securities increased their price target on Universal Technical Institute from $36.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Barrington Research increased their price target on Universal Technical Institute from $36.00 to $42.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Universal Technical Institute presently has an average rating of “Moderate Buy” and a consensus target price of $44.25.

Universal Technical Institute Profile

Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.

Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.